Dow Jones - Dji Technical Analysis Chart Update
Time Frame : H3
According to the Patterns in Long Time Frame ( LTF ) we can see it in Bearish Channel pattern that means it has to Follow Long Term Buy Trend and it has rejected from the Lower Trend Line ( LTL ) and Heading towards it Upper Trend Line ( UTL )
Secondly we have Elliot waves here and it has completed the Bearish Impulsion ( 12345 ) corrective waves and now it will head towards it corrective wave ( ABC ) and will Follow Buy Trend
Time Frame : H3
According to the Patterns in Long Time Frame ( LTF ) we can see it in Bearish Channel pattern that means it has to Follow Long Term Buy Trend and it has rejected from the Lower Trend Line ( LTL ) and Heading towards it Upper Trend Line ( UTL )
Secondly we have Elliot waves here and it has completed the Bearish Impulsion ( 12345 ) corrective waves and now it will head towards it corrective wave ( ABC ) and will Follow Buy Trend